Is the PMS governed by any regulatory body? Who can offer PMS?
Yes, Portfolio Management Services governed by the regulator of capital markets in India, SEBI.
PMS can be offered only by entities having specific SEBI registration for rendering portfolio management services. Currently in India, it is offered by specialized PMS players, asset management companies (AMCs) and brokerage houses.
How can I monitor the performance of my portfolio?
The following reports are emailed to the clients to their registered email id, which will enable the clients to track their portfolios. The Frequency of reports is given under
1. Performance Report – monthly
2. Detailed Portfolio – Holdings – quarterly
3. Transaction Statement – quarterly
4. Corporate Action Statement – quarterly
5. Income Expenses Report- quarterly
6. CA certified Audited Capital Gains Statement – yearly
Can I meet my portfolio management/ Investment Advisory team and discuss portfolio?
In our PMS, we understand that you have given us your hard earned money and therefore we ensure that we answer every query. You can anytime request for an appointment/call and we will arrange a meeting/call with the fund management/Investment advisory team for discussion about portfolio spread and returns or any other query you may have regarding your portfolio.
Can I book my profits partially any time?
Yes, you can withdraw your profit anytime you want, as long as you maintain the minimum investment as subjected in the terms.
Can a NRI avail of the Portfolio Management Service?
The Portfolio Management Services is open for all Indian nationals, resident or otherwise. NRIs will have to open a PIS Account (NRE only) as required under RBI guideline in order to invest in the PMS scheme. NRI following in NRO (resident) category do not need to open a PIS (Portfolio Investment Scheme) account
What if I want to terminate my PMS account?
To terminate your PMS account, you will need intimate us through an email. In the event of a full withdrawal, please allow us about 2 weeks for orderly trimming of your stock holdings.
Are returns guaranteed by your PMS?
As per SEBI rules, no portfolio manager can guarantee returns. Hence we are not permitted to guarantee any returns.